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but stalemate in washington continues, the white house demanding tax hikes on the top 2%. president obama lowered the amount from 1.6 to $1.4 trillion. that's not good enough for the republicans holding out for cuts to programs like social security. congressional leaders warn lawmakers not to make holiday travel plans. they will work to the last minute. >>> it's been a busy morning for all things business. >> certainly. he has plenty of new numbers from washington and some new maps from apple and this would be jason brooks with kcbs and cbsmoneywatch.com. good morning. >> good morning. >> reporter: and we have some decent news on the economy but that's largely being overshadowed by the "fiscal cliff" talks. a lot of worries on wall street if an agreement can't be reached by the end of the year. but as far as of the economy goes, decent news especially on the job market. the labor department reporting that first time unemployment claims fell by 29,000 to 343,000 the lowest level in two months and the second lowest level of the year. it suggests hiring is outpacing firing. the four-week ave
it's washington or san francisco? >> well, i have been trying to avoid crises. so we have our budget increasing, we have good revenues going. so i think locally we're doing okay. >> but we do have to watch out. >> all those things you always wind up having them in the office at the 11th hour, 59th minute, kicking and screaming. why? >> we politicians, phil are different from most people. we really do try to find the perfect answer. and it just takes longer. >> oh, come on. [ laughter ] >> you guys just can't stick around and agree. >> it doesn't work that way. >> you mean boehner and obama are look for the perfect answer? >> everybody is elected and everybody wishes to make good on their promises and clearly, you have to keep the debate going until you appeared to be the winner. >> so it is about winning, then. >> for politicians, probably yes. i have to say so. everybody has different things in play all the time. sometimes they are waiting for the right moment and waiting for circumstances that don't happen. >> how much of it is winning and how much is losing gracefully and saying
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